| Project Detail |
Description The project is part of a second wave of operations included in the Cleaner Transport Facility (CTF), a joint initiative by the European Commission and the Bank launched in December 2016. The project concerns the deployment of 15 000 electric and hybrid vehicles across EU countries including France, Germany, Italy, Spain, Belgium and the Netherlands. Objectives The main goal of the project is to accelerate the transition towards low emission vehicles. The project will generate substantial environmental economic benefits in terms of reduced air pollution, greenhouse gas emissions and noise. The project will also contribute to support the development of the cleaner automotive industry through the accelerated deployment of cleaner vehicles and, indirectly, their associated infrastructure. The Promoter has significant experience in the sector and is subject to national regulation of its current activities. Sector(s) Services - Transportation and storage Proposed EIB finance (Approximate amount) EUR 250 million Total cost (Approximate amount) EUR 530 million |
